Ann: Appendix 4C - quarterly, page-107

Your comments ring true. I think that good business can survive many challenges and I do think that Alexium always had something worthwhile - just the wrong people. Question is whether the alexium products fall into discretionary or necessities. The latter plus drugs and alcohol do well in hard times. The former do less well. I think we probably cover both aspects though.

The markets don’t like uncertainty and that’s what we are facing right now.

But actually life, markets and business are always uncertain. Some people are just happier capitalising on it and others panic

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